Teledyne Technologies Incorporated $TDY Stock Holdings Lessened by California State Teachers Retirement System

California State Teachers Retirement System cut its stake in shares of Teledyne Technologies Incorporated (NYSE:TDY) by 1.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 81,145 shares of the scientific and technical instruments company’s stock after selling 986 shares during the quarter. California State Teachers Retirement System’s holdings in Teledyne Technologies were worth $49,094,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of TDY. Meeder Asset Management Inc. purchased a new stake in shares of Teledyne Technologies during the first quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. purchased a new position in Teledyne Technologies in the 4th quarter worth about $28,000. DV Equities LLC purchased a new position in Teledyne Technologies in the 4th quarter worth about $33,000. Banque Cantonale Vaudoise acquired a new stake in Teledyne Technologies during the 3rd quarter worth about $43,000. Finally, eCIO Inc. acquired a new stake in Teledyne Technologies during the 4th quarter worth about $47,000. 91.58% of the stock is currently owned by institutional investors and hedge funds.

Teledyne Technologies Price Performance

Shares of TDY opened at $648.11 on Friday. The business’s 50-day moving average is $630.57 and its 200-day moving average is $633.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 2.18 and a quick ratio of 1.39. The company has a market capitalization of $30.05 billion, a price-to-earnings ratio of 31.29, a P/E/G ratio of 2.97 and a beta of 0.92. Teledyne Technologies Incorporated has a fifty-two week low of $483.02 and a fifty-two week high of $693.38.

Teledyne Technologies (NYSE:TDY) last posted its quarterly earnings results on Wednesday, July 22nd. The scientific and technical instruments company reported $6.28 EPS for the quarter, topping the consensus estimate of $5.79 by $0.49. Teledyne Technologies had a net margin of 15.29% and a return on equity of 10.56%. The business had revenue of $1.66 billion during the quarter, compared to analysts’ expectations of $1.58 billion. During the same period last year, the company posted $5.20 earnings per share. The firm’s quarterly revenue was up 9.8% compared to the same quarter last year. Teledyne Technologies has set its FY 2026 guidance at 24.450-24.650 EPS and its Q3 2026 guidance at 6.050-6.150 EPS. Equities research analysts expect that Teledyne Technologies Incorporated will post 24.52 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research analysts have commented on TDY shares. Citigroup raised their target price on shares of Teledyne Technologies from $677.00 to $680.00 and gave the stock a “neutral” rating in a report on Wednesday, July 1st. Needham & Company LLC boosted their price target on shares of Teledyne Technologies from $735.00 to $750.00 and gave the company a “buy” rating in a report on Thursday, July 23rd. Stifel Nicolaus upped their price target on shares of Teledyne Technologies from $750.00 to $775.00 and gave the company a “buy” rating in a research report on Thursday, July 23rd. Zacks Research raised shares of Teledyne Technologies from a “hold” rating to a “strong-buy” rating in a research note on Friday, July 24th. Finally, Weiss Ratings reiterated a “buy (b)” rating on shares of Teledyne Technologies in a research report on Friday, May 22nd. Two analysts have rated the stock with a Strong Buy rating, three have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $715.83.

Teledyne Technologies Profile

Teledyne Technologies (NYSE: TDY), headquartered in Thousand Oaks, California, is a diversified industrial technology company that designs, manufactures and supports sophisticated electronic systems, instruments and imaging products. Founded in 1960 by Henry Singleton and George Kozmetsky, Teledyne has grown into a multinational provider of high-performance equipment and software for commercial, scientific and government customers. Its offerings are used in markets that include aerospace and defense, marine, industrial manufacturing, environmental monitoring and scientific research.

The company operates through businesses that develop precision instrumentation, digital imaging products, engineered systems and aerospace and defense electronics.